17th June 2021

Employers that hire military veterans in their first employment after leaving the armed forces are now entitled to National Insurance (NI) contributions relief up to the upper secondary threshold for the first 12 months of the employment.

The relief, announced at the 2020 Budget, came into effect in on 6 April 2021 and applies to all veterans of the UK regular armed forces who have completed at least one day of basic training. It is available to all employers of veterans regardless of when the veteran left the regular armed forces, providing that they have not been employed in a civilian capacity since leaving service.

Employers can claim the relief even if the employment started before 6 April 2021 but can only claim for the period from 6 April 2021 until the first anniversary of the veteran’s first civilian employment.

In the first year of the scheme, employers will have to pay the associated NI contributions in 2021/22 and claim them back retrospectively from April 2022. From April 2022 onwards, employers will be able to claim the relief in real time through PAYE.

Further guidance can be found here.

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